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国资委:鼓励中央企业投早、投小、投长期、投硬科技,发挥长期耐心资本作用

Encourage central enterprises to invest in early stages, small projects, long-term projects and hard technology, and play the role of patient capital in the long run.

Breakings ·  Jun 26 15:54
Today at the press conference, Wang Hailin, Director of the Capital Operation and Income Management Bureau of the State-owned Assets Supervision and Administration Commission, stated that next, the State-owned Assets Supervision and Administration Commission will strengthen communication and coordination with relevant departments based on its own responsibilities, giving greater support to central enterprises' venture capital funds in terms of relaxing scale restrictions, increasing capital contributions, focusing on overall performance and long-term returns and clearly defining due diligence and exempting fault conditions. At the same time, we will also guide central enterprises to make good use of existing relevant policies, focus on their main responsibilities and businesses, combine their own advantages and conditions, use venture capital funds to increase investment in industry-leading companies, technology transfer and small and medium-sized enterprises in the upper and lower reaches of the industry chain focusing on science and technology, encourage investment in early stages, small projects, long-term projects and hard technology, play the role of patient capital in the long run, support strategic emerging industries and future industries, help cultivate and develop new quality productive forces, and further promote high-quality development of the real economy.

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